"The Rocky Road to Paradise," by David Barker (Libertarian Papers)

29. “The Rocky Road to Paradise: Why Economic Liberalization is Interrupted”, by David Barker

Abstract: Despite evidence that free market policies improve overall welfare, much of the world is making little progress in reducing state economic controls. Short-term transition costs may be the reason. A simple model demonstrates that it may be rational to weight these costs more heavily than the long-term bene?ts of economic freedom.

Click here to read the entire article…

Technorati Tags: Abstract, David Barker, Economic, economic controls, Economic Freedom, economic liberalization, free market policies, Liberalization, Paradise, reason, Road To Paradise, Rocky Road, Transition Costs, Welfare

Related posts:

1. America’s Road to Serfdom?
2. America’s Road to Serfdom?
3. Libertarian Papers: on libertarian dilemmas, and probability theory
4. "The Definition of Inflation According to Mises: Implications for the Debate on Free Banking" (Libertarian Papers)
5. 33. "Reply to Matt Mortellaro on ‘Block’s Paradox’: Causation, Responsibility, Libertarian Law, Entrapment, Threats and Blackmail," by Walter Block [Libertarian Papers]

Tags: Abstract, David Barker, Economic, economic controls, Economic Freedom, economic liberalization, free market policies, Liberalization, Paradise, reason, Road To Paradise, Rocky Road, Transition Costs, Welfare

This entry was posted on Wednesday, July 15th, 2009 at 2:13 pm and is filed under Austrian Economics. You can follow any responses to this entry through the RSS 2.0 feed.